Egypt and Greece to launch 1,000 km underwater power interconnection
In a significant step toward deepening energy cooperation between Europe and North Africa, Greece and Egypt have reaffirmed their joint commitment to the development of a groundbreaking undersea electricity cable project. The initiative, aimed at transporting renewable energy from Egypt to the European continent, was a central topic of discussion during a high-level bilateral […]
Australia’s opposition left reeling after crushing election defeat
Australia’s opposition party has been left reeling after a bruising defeat in Saturday’s federal election, with a result that is shaping up to be its worst ever loss. Peter Dutton, the Liberal party leader, also lost his own seat of Dickson, which he had held for the past 24 years. Labor’s landslide victory means the […]
US and China to start talks over trade war this week
US and Chinese officials are set to start talks this week to try to deescalate a trade war between the world’s two biggest economies. Chinese Vice Premier He Lifeng will attend the talks in Switzerland from 9 to 12 May, China’s Ministry of Foreign Affairs says. US Treasury Secretary Scott Bessent and US Trade Representative […]
Colombia’s wind farms bring promise and pain for indigenous group
When José Luis Iguarán steps outside his home in La Guajira, northern Colombia, he is met with a line of 10 towering wind turbines stretching across the cactus-strewn terrain toward the Caribbean Sea. The Wayuu indigenous group, which Mr Iguarán belongs to, has lived on the arid peninsula region for centuries, herding goats, tending to […]
SEPLAT ENERGY TO RESCUE NIGERIA’S LNG EXPORTS WITH GAME-CHANGING SUPPLY DEAL
150,000-ton monthly gas boost could revitalize struggling NLNG plant Nigeria’s liquefied natural gas exports are poised for a substantial revival following a preliminary agreement between Seplat Energy and Nigeria LNG Limited (NLNG) that promises to inject more than 150,000 tons of gas monthly to the struggling NLNG plant. The deal, representing a 12% increase over […]
ETU ENERGIAS UNVEILS SPECTACULAR GROWTH STRATEGY: 20X PRODUCTION LEAP BY 2030
Angolan energy champion aggressively expands portfolio while embracing renewable future Angolan private energy firm Etu Energias has unveiled a breathtaking expansion strategy aimed at catapulting its oil and gas production from a modest 4,000 barrels per day in 2020 to an impressive 80,000 bpd by 2030—a remarkable twentyfold increase. Building on stellar performance in 2024, […]
NAMIBIA’S VENUS FIELD RACES TOWARD 2026 GREEN LIGHT AS MARULA EXPLORATION DISAPPOINTS
NAMCOR and partners accelerate development amid mixed exploration results The National Petroleum Corporation of Namibia (NAMCOR) and its joint venture partners—Impact Oil and Gas, Qatar Energy, and TotalEnergies—are advancing rapidly toward a Final Investment Decision (FID) for the promising Venus Field in Block 2913B, targeting early 2026 for this crucial milestone. Environmental and social impact […]
SUPERNOVA METALS MAKES BOLD MOVE TO DOMINATE NAMIBIA’S OFFSHORE ENERGY FRONTIER
Strategic acquisition could quintuple company’s stake in promising Orange Basin block Supernova Metals Corp. has announced an ambitious plan to quintuple its presence in Namibia’s coveted offshore energy sector through a non-binding letter of intent with Oregen Corp. The deal would see Supernova acquire an additional 36% interest in WestOil Limited, dramatically increasing its stake […]
NIGERIA SETS AMBITIOUS OIL TARGET: 2.5 MILLION BARRELS DAILY BY 2026
Government orders NNPCL to accelerate production amid renewed investor confidence The Federal Government has directed the Nigerian National Petroleum Company Ltd. to dramatically increase oil production to 2.5 million barrels per day by 2026, raising the bar from President Bola Tinubu’s initial target of two million barrels. Minister of State for Petroleum Resources, Mr. Heineken […]
CONGO UNLEASHES BOLD GAS REVOLUTION TO FUEL AFRICAN GROWTH
Strategic projects promise to transform domestic economy while tapping export markets The Republic of Congo is aggressively advancing plans to monetize its abundant gas resources through an ambitious portfolio of strategic projects and infrastructure developments aimed at serving both domestic needs and international markets. At the heart of this transformation is a renewed commitment to […]